SpiritSwap A Decentralized Exchange On The Fantom Opera Chain

SpiritSwap is a decentralized exchange (DEX) on the Fantom Opera Chain. SpiritSwap’s design is based on the Uniswap constant-product automated market maker (AMM). In an AMM, liquidity providers simply deposit a pair of tokens and an algorithm automatically makes markets for the token pair. Traders can easily swap between tokens in the AMM and get guaranteed rates for the swaps. Each swap on SpiritSwap incurs a fee, which gets distributed to liquidity providers.

About inSPIRIT

inSPIRIT is the governance token of SpiritSwap that is based on a vote locking model. The main benefits for inSPIRIT users include: a share in protocol profits, boosted SPIRIT farming rewards, and voting power. This model is based off veCRV from Curve Finance and DILL from Pickle Finance.